Vale Profit Falls 35% as Derivatives Hit Overshadows Surging Copper and Iron Ore Volumes
Companies

Vale Profit Falls 35% as Derivatives Hit Overshadows Surging Copper and Iron Ore Volumes

Vale’s Q2 net profit missed estimates on mark-to-market derivative losses and tax charges, but the miner raised copper a...

Declan Byrne 👁 47 💬 0
Zuckerberg's Emotional Video Fails to Reassure Investors as Meta Profit Slumps and Stock Tumbles
Companies

Zuckerberg's Emotional Video Fails to Reassure Investors as Meta Profit Slumps and Stock Tumbles

Meta's quarterly profit plunged and spending surged, driving a sharp stock selloff. CEO Mark Zuckerberg launched a perso...

Declan Byrne 👁 36 💬 0
Amazon Beats Expectations as AI-Fueled AWS Growth Reaches 18-Quarter High
Companies

Amazon Beats Expectations as AI-Fueled AWS Growth Reaches 18-Quarter High

AWS revenue surged 37% to $42.2bn, lifting Amazon’s overall sales to $200.6bn. Strong AI demand and Anthropic stake boos...

Declan Byrne 👁 49 💬 0
Amazon Q2 Revenue Soars 20% on AI and Cloud; Capex Raised to $220 Billion
Technology

Amazon Q2 Revenue Soars 20% on AI and Cloud; Capex Raised to $220 Billion

Amazon beat second-quarter expectations with a 20% revenue surge to over $200 billion, powered by AWS growth of 37% and ...

Eitan Shapiro 👁 62 💬 0
Apple's Services Momentum Stumbles as App Store Fee Changes, Gaming Slowdown Bite
Companies

Apple's Services Momentum Stumbles as App Store Fee Changes, Gaming Slowdown Bite

CFO Kevan Parekh points to foreign exchange, a mobile gaming lull, and the impact of U.S. court-ordered payment rule cha...

Declan Byrne 👁 46 💬 0
Apple Doubles Inventory to $11.1 Billion as Memory Chip Shortage Bites
Companies

Apple Doubles Inventory to $11.1 Billion as Memory Chip Shortage Bites

Apple has almost doubled its inventory to $11.1 billion, bracing for what outgoing CEO Tim Cook called “very significant...

Declan Byrne 👁 46 💬 0
Baldwin Revenue Jumps 30% in Q2, but Losses Widen; H2 Organic Growth Forecast
Insurance

Baldwin Revenue Jumps 30% in Q2, but Losses Widen; H2 Organic Growth Forecast

The Baldwin Group posted a 30% revenue surge in Q2 2026, yet a net loss of $55.9 million overshadowed results. CEO Trevo...

Tamar Rosen 👁 34 💬 0
Microsoft Shares Surge 15% on $90 Billion Quarter as AI Copilot Hits 30 Million Users
Companies

Microsoft Shares Surge 15% on $90 Billion Quarter as AI Copilot Hits 30 Million Users

Quarterly revenue of $90 billion, surging Azure cloud adoption and a leap in Copilot subscriptions triggered a double-di...

Declan Byrne 👁 49 💬 0
Amazon’s AI Bet Delivers a Blowout Q2 as AWS Growth Hits 18-Quarter High
Companies

Amazon’s AI Bet Delivers a Blowout Q2 as AWS Growth Hits 18-Quarter High

Amazon’s Q2 net sales reached $200.6bn, operating income surged 43%, and AWS grew 37%—its fastest pace since 2021. The s...

Declan Byrne 👁 63 💬 0
Apple Earnings Beat Propelled by iPhone 22% Growth; CEO Transition in Focus
Companies

Apple Earnings Beat Propelled by iPhone 22% Growth; CEO Transition in Focus

Apple reported better-than-expected quarterly results, driven by a 22% iPhone revenue jump, even as the company prepares...

Declan Byrne 👁 38 💬 0
AWS Smashes Q2 Estimates as AI Demand Fuels 37% Revenue Surge
Companies

AWS Smashes Q2 Estimates as AI Demand Fuels 37% Revenue Surge

Amazon shares jump 6% after hours as cloud unit’s blowout quarter signals AI investments are beginning to pay off, easin...

Declan Byrne 👁 35 💬 0
Microsoft’s Historic Stock Surge: How AI Spending and Cloud Acceleration Won Wall Street
Companies

Microsoft’s Historic Stock Surge: How AI Spending and Cloud Acceleration Won Wall Street

A record-breaking 15.5% one-day gain for Microsoft signals investor approval of the AI spending strategy as Azure growth...

Declan Byrne 👁 56 💬 0
Citi Slashes Coinbase Price Target 41% But Keeps Buy Rating Ahead of Q2 Results
Companies

Citi Slashes Coinbase Price Target 41% But Keeps Buy Rating Ahead of Q2 Results

Citi’s revised target of $235 follows lowered expectations for trading revenue, but subscription income and possible cry...

Declan Byrne 👁 30 💬 0
Deutsche Bahn returns to profit as 'super construction year' brings more disruption
Companies

Deutsche Bahn returns to profit as 'super construction year' brings more disruption

First-half net profit of €147m masks struggles as only 59% of long-distance trains ran on time and record investment hit...

Declan Byrne 👁 35 💬 0
US Stocks Surge as Microsoft and Chips Lead Recovery from Post-Fed Sell-off
Markets

US Stocks Surge as Microsoft and Chips Lead Recovery from Post-Fed Sell-off

US equities rebounded on Thursday, with the Nasdaq up 2.5%, driven by a 15% jump in Microsoft shares and a semiconductor...

Yael Ben-David 👁 46 💬 0
European Equities Climb, STOXX 600 Near Annual High, as Earnings Overpower Oil Fears
Markets

European Equities Climb, STOXX 600 Near Annual High, as Earnings Overpower Oil Fears

European shares advanced on Thursday, driven by strong bank and industrial earnings, with the STOXX 600 near a one-year ...

Yael Ben-David 👁 41 💬 0
Puig Posts 4.4% Profit Drop to €263M After Estée Lauder Merger Talks Fail, Sales Up 2.4%
Companies

Puig Posts 4.4% Profit Drop to €263M After Estée Lauder Merger Talks Fail, Sales Up 2.4%

The Spanish beauty group’s adjusted net profit rose 5.2%, driven by fragrance strength and exceptional 20.9% sales growt...

Declan Byrne 👁 30 💬 0
Anglo American’s Profits Surge to $4 Billion as Copper Strategy Pays Off
Companies

Anglo American’s Profits Surge to $4 Billion as Copper Strategy Pays Off

A sharp rise in copper earnings drives Anglo American’s profits 35% higher, validating its restructuring pivot and boost...

Declan Byrne 👁 30 💬 0
Adidas Shares Plunge Nearly 20% as World Cup Marketing Overspend Erases Profit Beat
Companies

Adidas Shares Plunge Nearly 20% as World Cup Marketing Overspend Erases Profit Beat

Record football-linked marketing costs cause the biggest intraday drop on record for Adidas, despite surging sales and a...

Declan Byrne 👁 36 💬 0
Mastercard Posts Steady Growth as Consumer Spending Holds Up
Companies

Mastercard Posts Steady Growth as Consumer Spending Holds Up

Constant-currency net revenue rose 12%, purchase volume 10%, but rising client incentives squeezed gross margins. The wi...

Declan Byrne 👁 38 💬 0
Rolls-Royce Lifts Profit Outlook on Defence and AI Data Centre Boom
Companies

Rolls-Royce Lifts Profit Outlook on Defence and AI Data Centre Boom

The British engineering group raised full-year profit guidance after first-half earnings jumped 46%, driven by surging d...

Declan Byrne 👁 39 💬 0
LSE Raises 2026 Outlook But Investors Dismiss Targets as Conservative
Companies

LSE Raises 2026 Outlook But Investors Dismiss Targets as Conservative

London Stock Exchange raised its margin and revenue guidance after strong first-half results, yet shares slid 4% as the ...

Declan Byrne 👁 32 💬 0
TC Energy Posts $987M Q2 Profit, Bets $400M on Data Center Gas Demand
Companies

TC Energy Posts $987M Q2 Profit, Bets $400M on Data Center Gas Demand

Pipeline giant TC Energy reported a 18.5% jump in second-quarter net income to $987 million and approved two new expansi...

Declan Byrne 👁 38 💬 0
Zuckerberg Predicts Billions Will Have Personal AI Agents, as Meta’s Cash Flow Plunges and Stock Drops
Technology

Zuckerberg Predicts Billions Will Have Personal AI Agents, as Meta’s Cash Flow Plunges and Stock Drops

Meta CEO Mark Zuckerberg laid out a five-year vision of personal AI agents for billions, but a 91% drop in free cash flo...

Eitan Shapiro 👁 34 💬 0
Adidas Shares Plunge 15% as World Cup Marketing Costs Bite — Analysts See an Overreaction
Companies

Adidas Shares Plunge 15% as World Cup Marketing Costs Bite — Analysts See an Overreaction

Adidas stock suffered its worst day in years after second-quarter earnings missed forecasts due to spiralling World Cup ...

Declan Byrne 👁 34 💬 0
ADNOC Drilling H1 profit edges up 1.4%, Q2 dividend set at $263m
Companies

ADNOC Drilling H1 profit edges up 1.4%, Q2 dividend set at $263m

Steady earnings growth supported by a 4% revenue increase, while the board approved an interim dividend of 6.025 fils pe...

Declan Byrne 👁 31 💬 0
BBVA Shares Jump on Profit Beat and €2bn Surprise Buyback
Companies

BBVA Shares Jump on Profit Beat and €2bn Surprise Buyback

Spanish lender BBVA saw its stock climb nearly 3% after first-half net profit rose 11% to €6.05 billion, topping forecas...

Declan Byrne 👁 42 💬 0
BFM Business Show Dubs Microsoft Reassuring, Meta Disappointing
Markets

BFM Business Show Dubs Microsoft Reassuring, Meta Disappointing

The July 29 edition of 'Good Morning Market' on BFM Business referenced Microsoft and Meta earnings, but the published r...

Yael Ben-David 👁 38 💬 0
Hexaware Slashes Revenue Outlook, Shares Drop 8%; Margins Held Steady
Companies

Hexaware Slashes Revenue Outlook, Shares Drop 8%; Margins Held Steady

Hexaware Technologies cut its CY26 revenue growth forecast to 6-7% from at least 7.6%, citing delayed deal ramp-ups and ...

Declan Byrne 👁 44 💬 0
BBVA Books Record €6.05B First‑Half Profit, Launches €2 Billion Buyback
Companies

BBVA Books Record €6.05B First‑Half Profit, Launches €2 Billion Buyback

BBVA's net profit climbed 11% to €6.05 billion, ROTE hit 22.2%, and a new share repurchase program signals confidence as...

Declan Byrne 👁 39 💬 0